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Bank Guarantees
Bank Guarantees

Special guarantee requirements abroad
Special guarantee requirements abroad

For foreign transactions, indirect guarantees – for example a performance bond – are often demanded from the buyer's side. Please note our explanations of indirect guarantees. As the party carrying out a sale, for your part you would also like to know that the payment for your delivery is secured by a Swiss bank, i.e. via an indirect guarantee. For guarantees in your favour, please involve us as soon as possible. We can then give you the names of the banks and the countries through which we can set up a guarantee in your favour. We can also give you information on costs – even if they are to be paid by your client – and possible durations. We're here to answer your questions.

In our overview of special guarantee requirements abroad you will find information on:

Direct guarantees

As a rule, government bodies only accept locally issued guarantees. Often, the guarantees must also be for an unlimited duration. The counter-liability of UBS under its counter-guarantee is thus also unlimited in time.

Special textual provisions

The information refers to any provisions in the third country with regard to the issue of our counter-guarantee to the local banks. These are available to us in most cases. Individual components can change over the course of time, however.

UBS counter-liability

Refers to the time limit of the UBS counter-guarantee to the local bank if no direct guarantee could be set up.

Please note that none of the information can be considered binding. The practices and textual provisions can vary from bank to bank within a given country. In certain countries, banks are unable to do business due to UN sanctions, etc.

For additional information, please contact your guarantee specialist.

For information on selected countries look here:

Important legal information - please read the disclaimer before proceeding.

Products and services in these webpages are not available for US persons, for the exclusion of residents of other nations see the disclaimers relating to the actual services.

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